The Following Question Are Based on the Following Diagram of a Perfectly

question 12

Multiple Choice

The following question are based on the following diagram of a perfectly competitive firm:

-If the price is $7 per unit,the firm will produce ________ units.

• A) 20
• B) 40
• C) 60
• D) 70
• E) 80

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Definitions:

Easygoing

Characterized by a relaxed, calm, and not easily upset or disturbed temperament.

Hostile

Showing or feeling opposition or dislike; aggressive.

Type A

A behavior pattern characterized by competitiveness, urgency, aggression, and impatience, which is associated with stress and heart disease.

Type B

refers to a personality type characterized by less competitive, more relaxed, and less easily stressed attitudes than Type A.